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speaker boehner says he is waiting to see those. >>shepard: a lot of the president's base criticized him in their mind from negotiating from a point of weakness. a lot of that, he could be going for that base, they have a long way to go before republicans will play. >>guest: they do. talking of the political bases on the conservative side, there is a lost treasure on speaker boehner to not give in on what is the holy grill for them, which is not raising tax rates. so speaker boehner reiterated today that he would be willing to wipe out some deductions and make other tax changes but he wants to lower rates. not race rates the he had choice words for the president. >> i took a great risk. the white house spent three weeks frying to develop a proposal, with one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts. and they want to have this extra spending that is actually greater than the amount they are willing to cut. it was not a serious proposal. so right now we are almost nowhere. >>reporter:
speaker boehner says he is waiting to see those. >>shepard: a lot of the president's base criticized him in their mind from negotiating from a point of weakness. a lot of that, he could be going for that base, they have a long way to go before republicans will play. >>guest: they do. talking of the political bases on the conservative side, there is a lost treasure on speaker boehner to not give in on what is the holy grill for them, which is not raising tax rates. so speaker boehner...
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president obama and speaker john boehner are locked in a whatever words this afternoon one day after republicans rebuffed the president's first proposal to overt the so-called fiscal cliff. first up, the president. the president who traveled to a toy company in pennsylvania today to call on congress to extend tax cuts for the middle class. president obama playing a little hardball accusing republicans of playing politics at the expense of american families. >> it's not acceptable to me and i don't think it's acceptable to for you republicans to hold tax cuts hostage because they don't want rates on upper folks to go up. >> john boehner scheduled a last minute news conference. fired back with this. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. it's the wrong approach. >> as the rhetoric heats up, the clock continues to tick down. after today, there are just ten legislative days on the calendar. the house announced they will be recessing one day early next would he week. joining me now from th
president obama and speaker john boehner are locked in a whatever words this afternoon one day after republicans rebuffed the president's first proposal to overt the so-called fiscal cliff. first up, the president. the president who traveled to a toy company in pennsylvania today to call on congress to extend tax cuts for the middle class. president obama playing a little hardball accusing republicans of playing politics at the expense of american families. >> it's not acceptable to me...
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all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you're bragging about the fact that you kept the house. good. show us your offer. put down your offer. now, here's my view on this. and it is the same as the president's in this respect. rough the biggest aspects of the fiscal cliff is the fact that tax rates are going to go up on all americans. the senate has passed a bill that would give the middle class 98% of the people their tax cut. it is done. it's in a package. it's sitting at our desk. and all that has to happen is for the house to take it up. the only reason they're not taking it up is they want millionaires and billionaires to get their taxes cut, too. and this was a big issue in the campaign, thomas. so why don't we, instead of throwing insults, why don't they just pick up and pass that part as their own republican, tom cole suggested, let's have some good faith here, and we'll hammer out the rest of it. >> so senator, one thin
all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you're bragging about the fact that you kept the house. good. show us your offer. put down your offer. now, here's my view on this. and it is the same as the president's in this respect. rough the biggest aspects of the fiscal cliff is the fact that tax rates are going to go up on all americans. the senate has...
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the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of agreement. >> let's put aside the right wing here. we know that speaker boehner purged some of those seen as not being team players within his own party and we'll discuss the fact he's taken a hit for that. beyond the right wing or whatever you have numbers. you have exit polling. you have pew research poll that shows where the american people stand. if all of the people are there to represent us, meaning the people who are watching right now and the panel included here, we are all americans, we pay taxes, then why isn't this work getting done? >> well, just look at speaker boehner's fiscal cliff p
the call unlike the night when president obama called john boehner on election day and john boehner didn't answer his call. i think that you have to have both parties willing to engage with each other and talk to each other. looking back at the 1980s, for example, when ronald reagan was president and tip o'neill was speaker of the house, they didn't agree but they sit down and talk and negotiate and compromise and today's republican party so hijacked by the right wing they're incapable of...
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if you listen to speaker boehner what happen was geithner earlier came up before christmas but was not bearing any gifts in the form of a specific list of spending cuts that republicans want. speaker boehner said he thinks it is going nowhere. >> i am disappointed in where we are and disappointed in what has happened over the last couple of weeks. going over the fiscal cliff is serious business. i am here seriously trying to reresolve it. >>reporter: a lot of people wonder if speaker boehner is trying to show he is fighting against some of the tax changes and he will come along to a deal. vice president biden went to a costco in washington, today, proclaimed himself optimistic there will be a deal and bought a big screen tv and and an apple pie. >>shepard: you mention speaker boehner and the fact is there is a group if his party, the conservative part that doesn't want him to act like he is moving and that is who he is talking to today? >>reporter: they want him to dig in. they want him to completely resist essentially going back to the old clinton administration tax rates of 39.6 perc
if you listen to speaker boehner what happen was geithner earlier came up before christmas but was not bearing any gifts in the form of a specific list of spending cuts that republicans want. speaker boehner said he thinks it is going nowhere. >> i am disappointed in where we are and disappointed in what has happened over the last couple of weeks. going over the fiscal cliff is serious business. i am here seriously trying to reresolve it. >>reporter: a lot of people wonder if...
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speech. >> john boehner, they voted for it in 2008 and again in 2012 john boehner making a fuss on this is like the man who lost lotto and still demanding
speech. >> john boehner, they voted for it in 2008 and again in 2012 john boehner making a fuss on this is like the man who lost lotto and still demanding
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speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather than an actual increase in the top end tax rate? well, i t
speaker boehner is facing growing backlash from the more conservative wing of his party. at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch...
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the ball is now in john boehner's court. what do you think is going to happen? >> over the last four years, the republicans have tried to negotiate in good faith. even two years ago, when the first debt ceiling came up, they said they would put revenues on the table and try to work with our caucus on that. what can we get in return and the president said, basically, nothing. i will not do serious spending cuts. i am not going to do entitlement reform. i am not giving you anything. they came to the table thinking the president would meet them halfway and give them at least something that they want and the president is, yet again, not giving them anything. i think this is what the president wants. he wants the tax rates to go up. even if that means on everybody. that means more revenue going into the government. he wants the defense cuts. he proposed even more spending. 2 billion more in spending. connell: even from congress today, there have been republicans hear similar things. it does leave them and whatever that is, it does leave them in a tough spot. now, boe
the ball is now in john boehner's court. what do you think is going to happen? >> over the last four years, the republicans have tried to negotiate in good faith. even two years ago, when the first debt ceiling came up, they said they would put revenues on the table and try to work with our caucus on that. what can we get in return and the president said, basically, nothing. i will not do serious spending cuts. i am not going to do entitlement reform. i am not giving you anything. they...
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i don't -- speaker boehner and i speak frequently. the issue doesn't have to sit in a room. the issue that is relevant is the acknowledgment if we are going to raise revenues, that is sufficient to balance with the cuff cuts that we have made and further reform and entitlement i am prepared to make, that we are going to have to see the rates on the top 2%. go up. and we are not going to be able to get a deal without it. >> getting in to that room and hammering out the deal doesn't seem like it's happening anytime soon. there may be talking behind the scenes. as far as the big players it doesn't mean to be a lot of movement on the fiscal cliff. here is what the senate minority leader had to say. >> i hope at some point here the president will understand that there will be no solution to this. i remind people that there is only one person out of 307 million americans who can sign something in law. that is the president. only one person can support a deal he makes. that is the president. >> tucker carlson. nina easton and charles krauthammer. welcome back. what do you think? >>
i don't -- speaker boehner and i speak frequently. the issue doesn't have to sit in a room. the issue that is relevant is the acknowledgment if we are going to raise revenues, that is sufficient to balance with the cuff cuts that we have made and further reform and entitlement i am prepared to make, that we are going to have to see the rates on the top 2%. go up. and we are not going to be able to get a deal without it. >> getting in to that room and hammering out the deal doesn't seem...
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the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more, more of their money to the federal government without raising tax rates which we believe will harm our economy. i'll be here. i'll be available at any moment to sit down with the president to get serious about solving this problem. >> bret: the back and forth today in the fiscal cliff negotiations that aren't really negotiations as they're not sitting in one room. today, the treasury secretary tim geithner said in an interview that there is a little bit of progress. but yes, the white house would, "absolutely go over the fiscal cliff" if the republicans woul
the holdup right now is that speaker boehner took a position the day after the campaign. that said we are willing to bring in revenue and not willing to bring in rates. we have could solve this in a week. it's not that tough. but we need that conceptual break through. >> we have a debt problem out of control. we have to cut spending. i believe we can put revenue on the table. revenues on the table will come from guess who? the rich. there are ways to limit deductions, close loopholes and...
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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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but john boehner can rail against it which will make it easier for john boehner to sell to his conference. i think it's far fetched. i don't think either of these men, president obama or john boehner, want to see this country go off the fiscal cliff. there's obviously too much at stake not only politically but for the lives and welfare of americans. i think that's foremost in their mind, even given all the politics. so thelma and louise, whatever conspiracy theories we see right now, they might be justified because we're at a standoff at least publicly right now as we head into december, alex. >> mike viqueira at the white house, thanks for that. >>> joining me for more front page politics, perry bacon junior and political contributor for the "washington post." perry, the president's plan is pretty ambitious. what is the strategy here? >> the strategy is to move this debate to the left. i mean, a lot of times you saw in these first four years obama would kind of start in the center on a plan and then the republicans could move to the right a little bit. in this plan, obama knows republica
but john boehner can rail against it which will make it easier for john boehner to sell to his conference. i think it's far fetched. i don't think either of these men, president obama or john boehner, want to see this country go off the fiscal cliff. there's obviously too much at stake not only politically but for the lives and welfare of americans. i think that's foremost in their mind, even given all the politics. so thelma and louise, whatever conspiracy theories we see right now, they might...
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i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know, you given the professionals an opportunity to get it done but at the end of the day you get in a room yourself and we're not leaving until it gets done. >> do you sense eric cantor, kevin mccarthy, other leaders will give john boehner the room that he needs to do the deal? >> i do. >> without worrying about having to come back and getting his knees cut out from underneath him? >> they've sent some signals. i don't know it if you've been reading. i'm sure you've seen a loft different things about members but i think they want to get a big deal, a substant
i think boehner, a lot of us want a big deal. we're willing to put everything on the table. >> including new revenue? >> including new revenue. when we talk about they're going to cut, add revenue, cut expenses, we're running $1.3 trillion a year. we're going bankrupt if we don't figure out how to do this in a big way, and i think boehner wants to get that done. i think he can lead on that. i'm glad they're together. i just don't -- over the years i've been in business, you know,...
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house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for you
house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is...
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house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to r
house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early...
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>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest. by having this cover john boehner could actually have the flexibility to negotiate with the white house maybe something that doesn't go as far as the white house and tom cole want, but some other kind of middle ground. something we didn't see in the 2011 negotiations over the debt ceiling. >> meanwhile john boehner is being pretty elusive about what the specifics, the details are. i want to play a little bit of what he said today at his weekly briefing. >> revenue is on the table. but revenue was only on the table if there were serious spen
>> it has given john boehner some cover. you now have a conservativconse albeit establishment member of the house republican party who is essentially going to the left of john boehner. of course, john boehner has basically said, look, i disagree with tom cole. what has happened, we have actually seen other republicans embrace what tom cole said. mary bono mack said she'd support something tom cole is calling for, extension of the bush tax cuts for the middle class, not for the wealthiest....
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we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> there's some confusion about who the quarterback is on the republican side. that is, of course, quite common when you don't have the white house, but there's no doubt about who the quarterback is on the democratic side. the quarterback on the democratic side is the president of the united states. and unfortunately, he keeps throwing interceptions, and we're moving backward and backward and backward towards the goal line. >> i have a headache. >> should they not be talking about football? yeah. >> it's not working. new york jets owner woody johnson, of course -- >> woody! >> a mitt romney guy. >> yeah, woody. >> that was a cringer. harry reid, come on now. >> it's not right for harry reid to kick the jets around. that's a cheap shot. we can do it. you can't. senate minority leader mitch mcconnell, you just saw him there talking on the floor, he actually found himself, well, in unusual territory thursday. he actually had to filibuster himself. >> no, no, he ca
we have mcconnell and we have boehner. who is the quarterback, mr. president? who is the quarterback? >> there's some confusion about who the quarterback is on the republican side. that is, of course, quite common when you don't have the white house, but there's no doubt about who the quarterback is on the democratic side. the quarterback on the democratic side is the president of the united states. and unfortunately, he keeps throwing interceptions, and we're moving backward and backward...
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mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls officials saying they are ready to go over the trip. >>shepard: democrats insist that revenue, revenue, revenue is the key. >>guest: president obama campaigned on it and obviously won and democrats insist upper income americans should pay higher taxes but there could be room to negotiate but their point is they don't want to talk about other aspects of a deal until the g.o.p. gives in on their demand for more tax money. >> what is lacking are the revenues. we cannot cut your way to deficit reduction. what reduces the deficit are jobs. job creation. after spending cuts, and medic
mike, the speaker boehner sounded, publicly, sounding frustrateing. >>reporter: he accused the president of slow walking the economy right to the edge of the fiscal cliff and says if the president got the tax increase he wants the country would be facing trillion dollar deficits. >> this isn't a progress report because there is in progress to report. when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another week. >>reporter: he calls...
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there's some question whether john boehner would even put a bill like that on the floor. so, right now, a standoff. but that's the bad news. the good news is they have a month left to negotiate. >> mike viqueira from the white house, we'll see you again next hour. thank you. >>> it may be the republicans biggest weapon in the fiscal cliff debate and democrats are trying to remove it permanently. this week, treasury secretary timothy geithner took a proposal to gop leaders that significantly restrict congress' authority over the debt limit. house speaker john boehner pushing back maintaining a debt ceiling increase would need to be matched by spending cuts. >> if we're going to talk about the debt limit in this, then, there's going to be some price tag associated with it. i continue to believe that any increase in the debt limit has to be aacademied by spending reductions that meet or exceed it. >> joining me now, political anchor "new york one news" and co-editor of "scandals, tragedies and trumps triumphs." senior ederter for politics and news at yahoo! news. she has bec
there's some question whether john boehner would even put a bill like that on the floor. so, right now, a standoff. but that's the bad news. the good news is they have a month left to negotiate. >> mike viqueira from the white house, we'll see you again next hour. thank you. >>> it may be the republicans biggest weapon in the fiscal cliff debate and democrats are trying to remove it permanently. this week, treasury secretary timothy geithner took a proposal to gop leaders that...
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they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply and if for the first time in public but he has moved. >>reporter: he has. he is not willing yet, not yet, anyway, willing to raise tax rates. in speaker boehner's proposal he put revenue, tax revenue of $800 billion on the table. you her the white house said this was not enough detail but they say in the republican side it would be from limiting deductions and republican leader said this. >> republicans have move add great deal. who was the first person right after the election, the speaker went down and provided revenue. we had not heard that before. when has the president offered
they hammered speaker boehner's proposal. >> we don't know who pays. we don't know what we are talking about in terms actual legislation to increase revenues it is magic beans and fairy dust. >>reporter: it doesn't sound like they are ready for a compromise. he said they do not take speaker boehner's proposal seriously enough to offer a counterpropsal so the white house believes the ball is still in the republicans' court. >>shepard: but speaker boehner has moved, if shiply...
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john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion more, not less to the deficit in and new spending. to republicans with that kind of equivalent of lucy and the football and they are laying flat on their backs? >> republicans scoffed at this first foray from the white house. they thought was ridiculous. for the white house it was the first attempt, first specific plan we've seen since the election being put out there. it was frankly a wish list. john boehner acknowledges as much in his comments was that the white house would like to see. if we do get a deal before christmas it won't look anything like this. >> gregg: instead of meeting w
john boehner is leading an attack on the lack of progress. >> there is a stalemate. let's not kid ourselves. it was not a serious proposal. so right now we're almost nowhere. >> gregg: almost nowhere. how about that? staff writer for roll call joins us live. the president promised a balanced plan, a balanced approach. he must have said eight thousand times. then he finally puts out his offer, it's a plan that doubled the tax hikes that he campaigned on and it adds about $150 billion...
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but something as you saw there from orrin hatch and speaker john boehner that has been rejected. so, the senate has passed a bill that follows the president's wishes that extends the bush era tax cuts for the bottom 98%, but does not extend them for the top 2%. those couples filing jointly making more than $250,000 a year. so, it's past the senate and gone no where in the republican-controlled house. what are the options available? nancy pelosi digging into the playbook as you reported with something called a discharge petition. if a majority of the members of the house sign this petition, then the speaker of the house, of the majority party, of course, is forced to put something on the floor that he does not want to put on the floor. i have to tell you, craig, sort of a hail mary and it hasn't worked for ten years when mccain feingold was put on the floor of the house by virtue of the fact that they had a discharge position. it has been tried hundreds of times in the past 100 years. it very seldom works. you can see now, democrats trying everything nay can do. putting on public
but something as you saw there from orrin hatch and speaker john boehner that has been rejected. so, the senate has passed a bill that follows the president's wishes that extends the bush era tax cuts for the bottom 98%, but does not extend them for the top 2%. those couples filing jointly making more than $250,000 a year. so, it's past the senate and gone no where in the republican-controlled house. what are the options available? nancy pelosi digging into the playbook as you reported with...
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speaker of the house john boehner called it dead on arrival yesterday. the question is whether democrats in the senate hold the line here or whether they say, we need to do something about a carl levin seems to think you can't push this through with the nuclear option. you need to get two-thirds on board. >> this is what happened when they last considered this in 2010 where you had the gray beards of the institution say no, this is supposed to be the [ inaudible ] for the house and chris dodds go to the floor and say this cannot happened. what happens with gray beards is they usually leave. >> or get grayer. >> we have a new class of senate democrats coming in and saying there is a legal and constitutional basis for doing this. the thing that i think gets confused here, is that they're not doing away with the filibuster. what reid is trying to do -- >> i think they should do. >> well, you can make -- you can have the argument because a lot of reproductive rights groups would be more cauckau -- cautio about them. have them show up and get 40 votes. >> if
speaker of the house john boehner called it dead on arrival yesterday. the question is whether democrats in the senate hold the line here or whether they say, we need to do something about a carl levin seems to think you can't push this through with the nuclear option. you need to get two-thirds on board. >> this is what happened when they last considered this in 2010 where you had the gray beards of the institution say no, this is supposed to be the [ inaudible ] for the house and chris...
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Dec 7, 2012
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direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess cat
direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at...
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speaker boehner is on the right track. i think he's shown a willingness to talk about things that we haven't been able to talk about before. they need to sit down and hash this out. >> isn't that interesting. republicans won't answer the direct question because these aren't the kinds of cuts they are looking for. if an interview, mitch mcconnell offered his wish list. higher medicare premiums for the wealthy americans and an increase in the medicare eligibility age. he wants to slow the cost of living increases on social security. social security is off the table. on medicare, though, one part of the president's savings would come from increasing premiums to the wealthiest americans so there might be some agreement there. but raising the eligibility age for medicare recipients is an absolute nonstarter. the idea is unpopular and it's also inefficient because it increases the cost to seniors without creating much savings to the government at all. here's the bottom line in all of this. house republicans have voted for paul r
speaker boehner is on the right track. i think he's shown a willingness to talk about things that we haven't been able to talk about before. they need to sit down and hash this out. >> isn't that interesting. republicans won't answer the direct question because these aren't the kinds of cuts they are looking for. if an interview, mitch mcconnell offered his wish list. higher medicare premiums for the wealthy americans and an increase in the medicare eligibility age. he wants to slow the...
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john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid major proposals from the white house on spending cuts and entitlement reform. right now tim geithner is meeting with senate republican leader mitch mccoll was a key player in this, meeting at 1:00 or so with house democrattc leader nancy pelosi in the earlier first this morning with senate democratic leader harry reid. cheryl: a busy day before the treasury secretary monitoring his movements. dennis: what is the next step in the fiscal cliff talks? 30 days left to negotiate. more posturing ahead? more progress? the senior editor at fortune magazine predicts, i remember the moment in the presidential
john boehner had with president obama last night so john boehner came out to give us a report on this and he said in his view there has been, quote, no substantive progress in talks to avert a fiscal cliff in the last two weeks. take a listen. >> this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. campaign style rallies and that is not a way to get things done in washington. peter: republicans want to hear concrete solid...
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aids actists strip down outside john boehner's office yesterday. ey were promptly arrested, protesting cuts to the medicaid. do you think this was an effective tactic? what do you think? >> what's next, lap dces from diabetes sufferers? what bothers me is every group that worries about cuts can go protest. at what point do they say i realize we have to cut back somewhere. >> that will never happen. never. >> i'm more concerned about getting naked in front of boehner. no offense, mr.speaker, but, oh. the spray tan? >> they do not look spray tanned. >> they did pick some of the more attractive -- >> i have to say, you know, i think you need to -- >> 35% of the people should be obese, but they are not. it's not representative. >> next-under-par, a web entrepreneur lawns -- launched a dating site for travelers. meetattheairport.com has 20,000 members worldwide. >> all of them are men. men are the only ones who would want a short term meeting in an airport. >> scary. >> i love the idea. i think it's great. because what are you going to do in the airport
aids actists strip down outside john boehner's office yesterday. ey were promptly arrested, protesting cuts to the medicaid. do you think this was an effective tactic? what do you think? >> what's next, lap dces from diabetes sufferers? what bothers me is every group that worries about cuts can go protest. at what point do they say i realize we have to cut back somewhere. >> that will never happen. never. >> i'm more concerned about getting naked in front of boehner. no...
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john boehner believes they are going nowhere fast. their frustration is the president campaigned on raising taxes of $800 billion and the proposal yesterday was $1.6 billion in taxes, but there is also new spending, about $50 billion. john boehner teed off on that. >> the white house spent three weeks trying to develop a proposal and they sent one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts, and they want to have this extra spending that's actually greater and the amount they are willing to cut. it's different was not a serious proposal. >> reporter: boehner saying he stuck his neck out the day after the elect when he said he would put tax revenues on the table. he believes there is very little progress on the white house side in terms of spending cuts. so the boehner position is until the white house puts more spending cuts on the table he's not ready to kit a deal. the white house position is you have got to move forward on this tax position and we'll deal with spending cuts later. they
john boehner believes they are going nowhere fast. their frustration is the president campaigned on raising taxes of $800 billion and the proposal yesterday was $1.6 billion in taxes, but there is also new spending, about $50 billion. john boehner teed off on that. >> the white house spent three weeks trying to develop a proposal and they sent one up here that calls for $1.6 trillion in new taxes. calls for not even $400 billion in cuts, and they want to have this extra spending that's...
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i think for now it's a tactical move on boehner's party. it's not a declaration boehner is supporting ryan in 2016. >> but, jamal, isn't that the problem for the whole party? isn't the problem that this party, unless it can broaden and deal with the new america, the new electorate that they lost to in november -- >> bad. >> -- that they will never be able to regain footing and eventually just be a permanent marginal party? >> absolutely. they've got to figure out a way out of this box. paul ryan -- paul ryan and i are about the same age. these are different kinds of republicans. they're not afraid of talking to people of color, not afraid of some of these things, some of their parents and grandparents were. this is what i'm saying. democrats have to be careful. barack obama supporting a democrat in 2016 does not mean that democrat's going to get black and latino votes. these democrats are going to have to have solid programs that appeal to these constituencies and fundamental relationships and not be dependent upon the president to carry th
i think for now it's a tactical move on boehner's party. it's not a declaration boehner is supporting ryan in 2016. >> but, jamal, isn't that the problem for the whole party? isn't the problem that this party, unless it can broaden and deal with the new america, the new electorate that they lost to in november -- >> bad. >> -- that they will never be able to regain footing and eventually just be a permanent marginal party? >> absolutely. they've got to figure out a way...
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is speaker boehner right, though? as the clock is ticking, ticking toward january 1st, the talks haven't progressed in two weeks. is he right? >> well, i don't know that i'm as disappointed as the speaker is right now. i understand some of his problem with this. but the fact of the matter is the american people ended elections on november 6th, voiced their approval of president obama's approach to this. over 3 million more people voted for him than voted for mr. romney. and then if you look at house democr democrats. only 201 of us got eelected. that means the rest were republicans. >> i understand that. >> but over 500,000 more votes than they got -- >> with all due respect, representative, we understand that the president won and you feel that democrats won. but is the speaker right? has progress been nil on the talks for two weeks? >> well, i don't know what's been happening for two weeks. i have not been in the meetings. i do know this. when we passed the budget control act, we cut $1.5 trillion. all cuts. another
is speaker boehner right, though? as the clock is ticking, ticking toward january 1st, the talks haven't progressed in two weeks. is he right? >> well, i don't know that i'm as disappointed as the speaker is right now. i understand some of his problem with this. but the fact of the matter is the american people ended elections on november 6th, voiced their approval of president obama's approach to this. over 3 million more people voted for him than voted for mr. romney. and then if you...
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boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax reform that includes closing the loopholes, eliminating some of those tax credits, that will actually impact the wealthiest. >> reporter: some republicans said the boehner plan goes too far in taxing the well-off. south carolina senator jim demint, a staunch fiscal conservative, blasted the plan on twitter today. he said speaker boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in washington to spend even more. but the senate's democratic majority leader harry reid warned republicans against listening to such voices. >>
boehner said his plan represents a middle ground. he's ready and eager to talk to the president about it. congresswoman kathy mcmorris rogers of washington state is the party's conference chair in the house. >> we're going to either succeed together or we're going to fail together. the president is calling for higher taxes as well as more spending. he's calling for another stimulus. at a time when we need tax reform. we need to be looking at... and the republicans have put forward tax...
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to boehner on thursday. boehner said, tells us, he was flabbergasted and said you can't be serious. it called for doublebe what the president talked about in public. not $800 billion in new revenue but $1.6 trillion in revenue. only $600 million in entitlement and spending cuts. well, that is not one to one or three to one. more revenue than spending cuts. they are really far away now. i understand negotiations. i understand opening bid. for first time, it occurred to me they might not get it done. >> you get a sense hearing from both of them that is a real possibility. what do you make of the negotiation of the tactic? it seems like what secretary geithner behalf of the president brought to the table. reports that senator mcconnell laughed out loud when he got the report. is it posturing and are both sides enfrenched they won't find middle ground? >> possibility. let me take the optimistic possibility here. that would be that with the white house demanding one $1 $1.6 trillion in revenue. gets to 1.2 or tri
to boehner on thursday. boehner said, tells us, he was flabbergasted and said you can't be serious. it called for doublebe what the president talked about in public. not $800 billion in new revenue but $1.6 trillion in revenue. only $600 million in entitlement and spending cuts. well, that is not one to one or three to one. more revenue than spending cuts. they are really far away now. i understand negotiations. i understand opening bid. for first time, it occurred to me they might not get it...
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is it's much harder to define a win for john boehner. you know, is a win, you know, holding absolutely fast? is a win saying, you know, great, we were the party that managed to cut social security for the middle class? that's going to be pretty hard to go into another election with. >> you know, do you agree with that assessment that it's easier for the president, cynthia, because he basically wins on taxes. he's the robin hood, if you will, of this issue. he's looking out for the regular people against the people on the top. on the other side he's saying, you republicans, you can be the scrooging this winter. i have to go along with it. but you're forcing me to do it so you're the bad guys. so i think i agree with kristin. this is basically a setup if there is a deal for the president. >> well, i do think that the president would certainly get a big win with the middle class tax cut piece of this which i think is going to pass, whether it passes by the first of the year is another matter, but i think he'll get that piece of it. but i th
is it's much harder to define a win for john boehner. you know, is a win, you know, holding absolutely fast? is a win saying, you know, great, we were the party that managed to cut social security for the middle class? that's going to be pretty hard to go into another election with. >> you know, do you agree with that assessment that it's easier for the president, cynthia, because he basically wins on taxes. he's the robin hood, if you will, of this issue. he's looking out for the regular...
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the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's coming from loopholes. i think we can. >> he criticized governor romney's plan based on the premise there is
the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget....
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boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the republican party is it going through soul searching after the election and trying to find perhaps a way to remake itself. to be more appealing to the constitients. >> i think the republican party is in a defining moment. some say we have to give up on immigration that is not helping with hispanics and we can't have the social issues going on. but one thing that holds the party together and brings us all together. et cetera, is the fact that we stand for smaller government and less taxes. we believe the private sector is the way t
boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the...
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i think you're hearing john boehner say look, we've been responsible and guarded. it's the other guy's fault. you're going to hear democrats say, middle class folks, you're being held hostage so that the billionaires can pay lower taxes. >> arthel: that's what i'm talking about because they have to look forward to the 2014 midterm elections and so each person has to go back to their constituents and say look, i fought for you for what you want. it's happening. but i'm saying, what's going toned up winning in the end, because the folks did vote november 6 saying they want to make some sort of agreement happen and they're tired of this gridlock happening there in washington. >> well look, i think you're absolutely right, art. i think that was the message and my only hope is, and i think you probably share it -- is that the political posturing will go on in public, but then at least in private we'll start to make some progress because, you know, at the end of the day, i really don't care what the polls say now about republicans to blame versus democrats to blame. i th
i think you're hearing john boehner say look, we've been responsible and guarded. it's the other guy's fault. you're going to hear democrats say, middle class folks, you're being held hostage so that the billionaires can pay lower taxes. >> arthel: that's what i'm talking about because they have to look forward to the 2014 midterm elections and so each person has to go back to their constituents and say look, i fought for you for what you want. it's happening. but i'm saying, what's going...
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what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> good morning to you. welcome back. 24 minutes past the hour. christine is minding our business. >> i am. stock futures are up.
what john boehner had that had so much impact, coming up. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. i have obligations. cute tobligations, but obligations.g. i need to rethink the...
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>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about adding new taxes on capital gains, dividends, et cetera. the push back is the president campaigned on this and he believes he won that argument, and he believes that once republicans give in on the tax argument, at least extend the bush rates for the middle class, as the president says, 98 percent, basically, he will talk about spending cuts and i think that is the other frustration republicans have, they think if they give in on taxes, now, with a promise of spending cuts later, those cuts will never materialize. >>neil: do folks at white house think there wi
>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about...
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boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a gap on spending cuts. yemocrats say they've already agreed to cut one trillion dollars from future spending, republicans, including majority leader eric cantor, responded with this: >> all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. >> reporter: democrats are angling to raise taxes on the rich now and negotiate tax reform and spending cuts later. house minority leader nancy anlosi said the republican hard line is softening behind the scenes. >> i do know that many of the members there that they are ready to vote for middle income tax cut. >> reporter: both sides admit they have to make compromises in order to cut a deal. but, scott, what's happening isght now is that both sides are playing the clock hoping the pressure builds on the other side to compromise first.
boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a gap on spending cuts. yemocrats say they've already agreed to cut one trillion dollars from future spending, republicans, including majority leader eric cantor, responded with this: >> all of a sudden they're asking for...
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boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments came out. he said we're almost nowhere in the talks. sitting right near the lows for the day. if you look at the overall sectors that are moving today, pretty much balanced on either side. pretty much even on the balance-decline line. worries about higher taxes on dividend paying stocks seem to be -- >> lows for the day but not violent downstrokes here. >> i think the problem is we'll have trouble moving into positive territory at the close. a lot of concerns about headline risks over the weekend. we could be down 10, 15 on the s&p monday morning on something tha
boehner? >> it depends on what the headlines are. so the president said the clear majority voted for a balanced approach. but there's a lot of debate about what that means. representative boehner i thought was much more into fighting words over there. listen to what he said. increasing the tax rates is the wrong approach to take. he said there was a stalemate in the talks with the white house. look at the dow industrials. we did move down around 25, 30 points as his comments came out. he...
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they want these to be about boehner and obama. last time it happened was the 2011 debt ceiling negotiations and that didn't really turn out so well. >> why would that be their aim? >> they want to make this about the president and boehner. and they think they can get a better deal that way. the pro who white house strategy is to have this happen at the staff level and the president float above it and go out and make his case to the country. as he did later in 2011 on the extension of the payroll tax holiday. they really feel that the more they have, the president sort of down on boehner's level, the worse things are going to go. >> anna marie, i want to get your take on something that democratic senator claire mccaskill said on "meet the press," about the choice that republicans face. take a listen. >> they're going to get stuck with a raising of the rates of the top 2%. either in a very painful way. or in a way that we can all suffer a little bit. address all three legs of the stool. entitlements, cuts, and revenues, in a way tha
they want these to be about boehner and obama. last time it happened was the 2011 debt ceiling negotiations and that didn't really turn out so well. >> why would that be their aim? >> they want to make this about the president and boehner. and they think they can get a better deal that way. the pro who white house strategy is to have this happen at the staff level and the president float above it and go out and make his case to the country. as he did later in 2011 on the extension...
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and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so serious. and also, joanne, what is the strategy here, and is there a risk like looking like you're not really negotiating? >> well, you know, i think what's interesting is that there's the posture that everyone is taking in public, but then what you're hearing behind the scenes is that everyone's sort of understands what the contours of the deal are going to look like. and what i see is john boehner trying to sort of protect his caucus at this point because he probably understands that at the end of the day, that top rate is going to go up. and republicans are in a really awkward pos
and if you listen to speaker boehner, it's not going very well. take a listen. >> i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> and the speaker tweeted, "how serious is the white house about avoiding the fiscal cliff?" reports suggest, in some cases, not so...